Direct Market Access, or DMA, allows Traders to place trades with exchanges directly through FIBO Group’s convenient platform. DMA permits orders to be seen on the platforms` financial charts. The system guarantees the client complete transparency and the lowest possible exchange spreads with low commissions.

Select Shares Let’s say you'd like to buy Tesla CFDs. The current price is $199.99/200.00

Select Strategy You'd like to buy 10 stock CDFs at the price of $200.00 in the hope the security increases in value.

Commissions and Margin Your position is 10 x $200 = $2,000. The commission on an opening trade is $2 With 1:4 leverage, the margin on your securities would come to $2,000 x 25% = $500

Closing a Trade So let's say the price of each of the stock rose to $220.00, and you’d like to sell them. The commission on a closing trade is $2.

Calculating Profit and Loss The difference between the opening and closing trades was $20 ($220-$200). When multiplied by the number of stock CFDs, the result is $20 x 10 = $200. This does not take commission into account. Net profit is $196 ($200 - $2 - $2). Should the value of the shares have fallen instead, to $190, then your losses would have amounted to $104.

Should you not sell stock CFDs on the day you bought them, then after the close of the trading session, financing charges will be assessed and placed on your trading position the next day.

Financing charges are calculated in the following manner: = the price of the security x the volume x % / 100 / 360 where % is the Financing Fee of 9% (for long positions) and 7% (for shorts)

For Example: Should the Financing Fee be 9% for a long position, each day you own 10 Tesla CFDs will cost: $200 x 10 x 9% / 100 / 360 = $0.50 per day Please note! On Fridays, triple financing fee will be charged.

Market Order Buy or sell order at a current market price. Best execution price guaranteed by execution venue. The Requested Order price is not guaranteed.

Buy Limit Order Pending order to buy below the current market price. Trigger condition: the current Ask price is less or equal to declared order price. The Requested Order price is guaranteed. The Filled price better or equal to the Declared Price.

Buy Stop Order Pending order to buy above the current market price. Trigger condition: the last price is higher or equal to declared order price. The Requested Order price is not guaranteed.

Sell Limit Order Pending order to sell above the current market price. Trigger condition: the current Bid price is higher or equal to declared order price. The Requested Order price is guaranteed. The Filled price is better or equal to the Declared Price.

Sell Stop Order Pending order to sell below the current market price. Trigger condition: the last price is less or equal to the Declared Order price. The Requested Order price is not guaranteed.

Stop Loss Order Stop order to close a deal. Trigger condition: the last price reaches the SL level. The Requested Order price is not guaranteed.

Take Profit Order Limit order to close a deal. Trigger condition: the current Bid (for BUY deals) or the current Ask (for SELL deals) prices reach the TP level. The Requested Order price is guaranteed. The Filled price is equal or better then declared in TP.

Stop Out Order Stop order to close a deal. Trigger condition: Margin level less or equal to Stop Out Level.

Definitions

Order Type - Market, Limit, Stop, Stop Loss, Take Profit, Stop Out.Order Status - Active, in execution (filling), filled, cancelled, rejected.Declared Order Price – the order price before the order triggered for execution.Filled Order price – the order price after the order has been filled.Last price – the price of the last executed transaction on the execution venue. Stock instruments indicate the last price on the financial chart.Deal – the result of an executed order. Any filled order opens or closes a deal.Deal status – open, closing, closed, trade.

Stop or Limit order becomes active once created. Only active orders can be updated/canceled during open trading hours. All active orders can be found in "Active Orders" tab of account summary in the client’s trading platform.

Any order, satisfying one of the conditions below, changes the status to "Filling":

Market order submitted;

Stop Loss, Take Profit, Stop Out orders once created;

Stop, Limit order declared price triggered.

All orders with the status "Filling" can be found in Active Orders tab of account summary in the client’s trading platform until status changed by the system to "filled" or "rejected".

All orders with the status "Filling" automatically cancelled by the system at the end of every day.

When an order is executed, a related Deal is opened or closed at the Filled order price and the order status is changed to "filled".

When an order canceled by user or rejected by the system, the status of this order is changed to "canceled" or "rejected" accordingly.

All "filled", "cancelled", "rejected" orders can be found in Trade Blotter tab of account summary in the client’s trading platform.

All orders are executed only during instrument trading hours. Trading requests can be done only through the trading platform during trading hours. Trading requests outside instrument trading hours will be rejected. Trading hours: 09:30 - 16:00 (EST).

Commission generated by a Filled order increases the related deal commission every time when the deal is opened and closed.

In case the Account Margin Level is less or equal to 20% (Stop Out Level), the system sends Stop Out order(s) to close all opened deals. In case a Stop Out order is cancelled by the execution venue and the Account Margin Level is still less or equal to Stop Out level, the system sends Stop Out order(s) again.

Stop Loss, Take Profit, Stop Out or Market orders to close a deal with the status "Filling" change the related deal status to "closing". When the related order is "filled", the deal becomes "closed". In case the related order is rejected, the deal becomes "open" again.

All "open", "closing" and "closed" deals are indicated in Positions tab of account summary in the client’s trading platform.

At the end of day based on server time, all closed deals are converted into account currency and become trades in the client’s trading platform.

All trades along with balance transactions (Deposit/Withdraw) and cash dividends can be found in History tab of account summary in the client’s trading platform.

FIBO Group relies on the third party execution venues for prices and available volume, therefore execution of the client’s orders will depend on the pricing and available liquidity of the execution venues. Although FIBO Group executes all orders placed by the clients, it reserves the right to decline an order of any type or order could be declined by the execution venue.

Orders sent near the opening of trading. Please note that markets can be especially volatile near the opening of a trading session, with prices and available volume often changing rapidly and with data feeds from various markets potentially being slow or temporarily unavailable. FIBO Group cannot guarantee that orders sent near the opening of trading necessarily will receive the best posted price. You may want to consider the use of limit orders at the opening, although market orders should be used if you want a higher certainty of getting a fill.

Long Positions A client holding a long position on the ex-dividend date will receive the applicable dividend in the form of a cash adjustment, credited to the relevant trading account. Transaction can be found in History Tab in theclient’s trading platform - "Cash Corrections".

Short Positon A client holding a short position on the ex-dividend date will be charged the applicable dividend in the form of a cash adjustment, debited from the relevant trading account’s free equity. Transaction can be found in History Tab in the client’s trading platform - "Cash Corrections".

Dividends procedure Cash dividend transactions debit/credit account balance on ex-dividend day at 15:00 server time. Transaction can be found in History Tab.

In case of Long position Cash Dividend Amount is:

Dividend per stock * Volume

where: Volume = Contracts * Contract size

In case of Short position Cash Dividend Amount is:

(-1) * Dividend per stock * Volume

where: Volume = Contracts * Contract size

Stock splits In the event of a stock split, the appropriate adjustment on the client’s position shall be reflected on the trading account in accordance with the announced stock split.

Split procedure Splits procedure runs on the server every day at 15:00 server time. During the procedure all active pending orders (Limit, Stop) for related stock will be removed.

Weighted average price and sum volume are calculated separately for all open deals in short and all open deals in long of an instrument and are assigned as new open price and new volume for the deal with maximum volume for long and short deals accordingly. In case a deal receives fractional stocks, such stocks will be liquidated for cash transaction – "Split cash correction". Volume of other deals for related instrument will be reset to 0 and moved to History Tab.

Fractional stock adjustment In the event a corporate action results in a fractional position, FIBO Group reserve the right at its own discretion to credit the outstanding fractional component as a cash adjustment to be credited to the client’s trading account.

Other Corporate Actions In the event of a stock being de-listed, merged, acquisitioned, tendered, spinned-off, the client’s position will be closed at the last market price traded.

FIBO Group bears no responsibility for notifying the client regarding announcements of corporate actions.

The trading platform is available at the following link: fibogroup.tradingidea.com/terminal. Please enter the username and password you used when registering for your account to log into the platform. Please note! You will need to use the username and password you used during initial registration for each subsequent account you open.

Select the ticker of the required security in the Select Instrument window (e.g., FB - Facebook). In the list of instruments, a trading window will appear with the instrument which will allow you to choose the required number of CFDs, the type of order, as well as the type of trade (buy/sell)

The page fibogroup.tradingidea.com/ideas will permit you to find trading ideas from experienced traders and analysts. Connect to the server using your username and password for the platform and click “Subscribe” in the upper right corner. If you would like to receive notifications from specific authors, hit “Follow.”